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Developer Borrows RUB 600 mln for Luxury Housing Building
November 18, 2011, 9:31, (Property Xpress) - A Russian real estate developer has borrowed RUB 590 mln to finance construction of a luxury residential ...   read more
DIY Retailer Eyes Balkan Expansion
November 18, 2011, 9:11, (Property Xpress) - A DIY retailer is planning to expand in the Balkan countries over the coming years. The company, which is ...   read more
Bulgaria to Offer Rail Stations on Concession
November 17, 2011, 16:40, (Property Xpress) - The Bulgarian Transport Ministry has appointed consultants to prepare a business model to select ...   read more
Imaginarium Debuts in Russia
November 17, 2011, 15:58, (Property Xpress) - Spanish network of children’s games and toys, Imaginarium, has launched a 300 sq. m flagship Moscow store in ...   read more
Croatian Hotel Sold to Debt Provider
November 17, 2011, 15:26, (Property Xpress) - RBA (Raiffeisen Bank Croatia) has become owner of an 82-room hotel in the country, following an auction for ...   read more
M5 Mall Opens in Ryazan
November 17, 2011, 15:08, (Property Xpress) - M5 Mall shopping and entertainment center has officially been launched in the Russian city of Ryazan. The ...   read more
International Developer to Dispose of Bucharest Land
November 17, 2011, 14:00, (Property Xpress) - An international development company has decided to dispose of a 40 ha site north of Bucharest, acquired in ...   read more
International Operator to Open Petrozavodsk Hotel in 2012
November 17, 2011, 13:39, (Property Xpress) - An international hotel operator will manage a four star property in Petrozavodsk, to be developed by the end ...   read more
DIY Retailer to Expand Serbian Network
November 17, 2011, 13:24, (Property Xpress) - Brico Spec, a wholly owned subsidiary of Doverie Brico AD, a JV between Bulgarian Doverie Capital (55 pct) and ...   read more
International Firm Considers Russia Plant Construction
November 17, 2011, 12:49, (Property Xpress) - An international company engaged in the construction material business is considering establishing a plant in ...   read more
Investment Firm Appoints Developer for Croatian Project
November 17, 2011, 12:19, (Property Xpress) - A U.S.-based investment firm has selected a developer to carry out a project to build standalone hypermarket ...   read more
Designer Sought for Mid-Class Hotel in Gulf of Finland
November 17, 2011, 11:11, (Property Xpress) - A St. Petersburg-based company has announced a tender to select a preliminary design solution for an ...   read more
High-rise Structure to Appear in Bucharest
November 17, 2011, 10:47, (Property Xpress) - A 30-story tower building is planned to be developed on a 4,900 sq. m lot in the Romanian capital. According ...   read more
Multifunctional Shopping Mall Planned for Moscow Ring Road
November 17, 2011, 10:22, (Property Xpress) - The Moscow City Government has decided to build a multifunctional shopping mall with a total area of 229,900 ...   read more
Five Star Hotel Planned for Ukraine
November 17, 2011, 9:52, (Property Xpress) - A five star hotel building, estimated at a cost of USD 100 mln, is scheduled to be developed in the Ukrainian ...   read more
Klever Asset Management to Start Mass Housing Developments
November 17, 2011, 8:43, (Property Xpress) - Klever Asset Management, controlled by Yuri Zhukov, one of the PIK Group founders, will begin construction of ...   read more
Update: NEPI Joins Bucharest Shopping Mall Development
November 17, 2011, 8:07, (Property Xpress) - South African investment fund New Europe Property Investments (NEPI), which has formed a joint venture with ...   read more
St. Petersburg Sells Land for Housing Development
November 16, 2011, 16:18, (Property Xpress) - The Property Fund of St. Petersburg has sold lease rights over a 15,188 land plot in the Primorsky area of the ...   read more
Fribourg Development to Convert Furniture Factory into Technology Park
November 16, 2011, 15:54, (Property Xpress) - Romanian company Fribourg Development will allocate EUR 20 mln for conversion of the former 4.5 ha site of ...   read more
Rusresorts Signs Partnership Agreement with Asian Investor
November 16, 2011, 15:18, (Property Xpress) - Russian investor in tourism and recreation projects, Rusresorts, and Hong Kong-based financial company Eurasia ...   read more
Luxury Resort to Replace Blue Horizon Complex in Montenegro
November 16, 2011, 14:44, (Property Xpress) - Demolition of Plavi Horizontiii (Blue Horizon) hotel complex on the Montenegrin Adriatic coast will begin next ...   read more
Developer to Start Affordable Housing Project in Spring
November 16, 2011, 14:14, (Property Xpress) - A Russian construction group hopes to start an affordable housing project with 5,000 apartments in spring next ...   read more
Developer of Sofia Housing Project Declared Bankrupt
November 16, 2011, 13:43, (Property Xpress) - The Bulgarian subsidiary of an international property developer was declared bankrupt on November 1, this ...   read more
L1 Raises RUB 400 mln from Land Sales
November 16, 2011, 13:12, (Property Xpress) - St. Petersburg-based construction group LEK, now called ‘L1’, has sold three of its five plots pledged as ...   read more
Private Equity Firm Appoints Developer for Croatian Project
November 16, 2011, 12:35, (Property Xpress) - A private equity real estate investment firm has appointed a development manager for its Croatian neighborhood ...   read more

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